- Decreased production volumes and falling sales prices at GreenTech.
- Shortage of qualified personnel in certain sectors.
- Transition risks related to climate change (legislative changes, market shifts, technological advancements).
GreenGroup
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, GreenGroup disclosed greenhouse gas emissions of 65.3K tCO2e (location-based); 57845 tCO2e (market-based). By scope: Scope 1: 13.4K tCO2e; Scope 2: 11.8K tCO2e (location-based); 4251 tCO2e (market-based); Scope 3: 40.1K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
65.3K tCO2e (location-based); 57845 tCO2e (market-based)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 13.4K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 11.8K tCO2e (location-based); 4251 tCO2e (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 40.1K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Issued carbon offset certificates from PET waste recycling, neutralizing over 180,000 tonnes of CO2.
- Reduced electricity consumption by 5% to 8% at GreenTech companies.
- Achieved a 99.99% purity level in glass recycling at GreenGlass.
- GreenTech is the first company in Europe to obtain carbon credits (VER) resulting from its waste recycling activity.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Diversify recycled PET waste categories by up to 20% by 2026.
- Reduce waste generated during recycling by up to 10% by 2026.
- Increase recirculated water use to 20% by 2026.
- Source all packaging from responsible materials by 2026.
- Achieve carbon neutrality for Scope 2 emissions by 2026.
📅 Medium-term
- Reduce utility consumption by 3% annually.
- Reduce water consumption by 21% at GreenTech Romania by 2030.
- Reduce natural gas consumption by 4%, 11%, and 7% in Romania, Lithuania, and Slovakia respectively by 2030.
🌱 ESG Focus Areas
Circular EconomyEnvironmental ProtectionCommunity ResponsibilityEmployee Well-beingEthical Governance